Abrdn Plc's Positive Move: Adding Exposure to Indian Bonds

Abrdn Plc, managing and administering £495 billion in assets, is optimistic about the attractive yields from Indian sovereign bonds and is adding exposure to them, anticipating significant inflows following their potential inclusion into global indexes. Stephen Bird, the firm's chief executive officer, expressed positivity about India. However, he also highlighted the market's uncertainty due to the upcoming national elections. Despite the uncertainty, Abrdn Plc's move to add exposure to Indian bonds reflects confidence in the long-term potential of the market.